Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
EIN 34-4474963 • 501(c)6 • Saint Charles, MO
Profile
To promote magical arts in the world
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Assets
Down$906,646
Down $224,843 (-20%) from 2021
Liabilities
Down$355,153
Down $7,052 (-1.9%) from 2021
Net Assets
Down$551,493
Down $217,791 (-28%) from 2021
Revenue
Up$696,135
Up $104,562 (+18%) from 2021
Expenses
Up$704,381
Up $243,955 (+53%) from 2021
Net Income
Down-$8,246
Down $139,393 (-106%) from 2021
Most recent year
2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To promote magical arts in the world
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $894,979 | $799,066 | ▼ $95,913 |
| Rtn Earn Endowment Incm Other Fnds | $769,284 | $551,493 | ▼ $217,791 |
| Savings and Temporary Cash Investments | $191,882 | $66,836 | ▼ $125,046 |
| Inventories for Sale or Use | $15,808 | $17,101 | ▲ $1,293 |
| Prepaid Expenses and Deferred Charges | $21,723 | $14,026 | ▼ $7,697 |
| Accounts Receivable | $5,484 | $5,214 | ▼ $270 |
| Land, Buildings, and Equipment, Net | - | $2,790 | - |
| Total Assets | $1,131,489 | $906,646 | ▼ $224,843 |
| Other Assets Total | $1,613 | $1,613 | → $0 |
| Liabilities | |||
| Deferred Revenue | $349,264 | $327,370 | ▼ $21,894 |
| Accounts Payable and Accrued Expenses | $12,941 | $27,783 | ▲ $14,842 |
| Total Liabilities | $362,205 | $355,153 | ▼ $7,052 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $769,284 | $551,493 | ▼ $217,791 |
| Total Liabilities and Net Assets / Fund Balance | $1,131,489 | $906,646 | ▼ $224,843 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,790 | $29,463 | $32,253 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2021 | $11,719 | - | ▲ $80 | - | $11,799 |
| 2020 | $11,715 | - | ▲ $3 | - | $11,719 |
| 2019 | $11,441 | - | ▲ $273 | - | $11,715 |
| 2018 | $10,875 | - | ▲ $566 | - | $11,441 |
| 2017 | $10,257 | - | ▲ $618 | - | $10,875 |
| Name | Title |
|---|---|
| Billy Hsueh | President |
| Charles Arkin | President El |
| David Garrard | Executive Co |
| Dwight Redman Sr | Executive Co |
| Jason Michaels | Executive Co |
| Jeffrey Brodrick | Executive Co |
| Kieth Fields | Executive Co |
| Rolando Santos | Executive Co |
| Bob Patterson | Past Preside |
| David Sandy | Past Preside |
| Donald Wiberg | Past Preside |
| Dr Jep Hostetler | Past Preside |
| Dr William Spooner | Past Preside |
| Dr William Wells | Past Preside |
| Jack Greenberg | Past Preside |
| Joan Ceasar | Past Preside |
| Joe Turner | Past Preside |
| John Browne Iii | Past Preside |
| Ken Scott | Past Preside |
| Michael Finney | Past Preside |
| Michael Stratman | Past Preside |
| Mike Gorman | Past Preside |
| Oscar Munoz | Past Preside |
| Roger Miller | Past Preside |
| Shawn Farquhar | Past Preside |
| Stephen Bargatze | Past Preside |
| Tony Wilson | Past Preside |
| Vanni Pule | Past Preside |
| William Evans | Past Preside |
| Alex Zander | Past Presiid |
| Simone Marron | Secretary |
| Mike Woodward | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $545,267 |
| Salaries, Compensation, and Employee Benefits | $159,114 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | $203,517 | $100 | - | $203,617 |
| Other Salaries and Wages | $82,248 | $64,619 | - | $146,867 |
| All Other Expenses | $58,406 | - | - | $58,406 |
| Office Expenses | $1,805 | $38,688 | - | $40,493 |
| Other Expenses | $29,146 | - | - | $29,146 |
| Occupancy | - | $23,276 | - | $23,276 |
| Payroll Taxes | $6,997 | $5,250 | - | $12,247 |
| Fees for Services Accounting | - | $11,500 | - | $11,500 |
| Travel | $6,586 | $4,235 | - | $10,821 |
| Insurance | - | $5,969 | - | $5,969 |
| Advertising | $5,731 | - | - | $5,731 |
| Information Technology | $5,112 | - | - | $5,112 |
| Fees for Services Legal | - | $4,981 | - | $4,981 |
| Fees for Services Other | $75 | - | - | $75 |
| Total Functional Expenses | $545,763 | $158,618 | $0 | $704,381 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The board of trustees are on three year terms, elected by the membership of the organization. The president, president elect, vice president, secretary and treasurer are elected by the membership annually. The past international presidents are board members for life after serving their term as president.”
“Any changes in the organization's constitution or by-laws are subject to approval by the membership.”
“The organization has local organizations called "rings" located around the world. Each chapter is financially autonomous and has no obligation to pay the parent organization anything. Historically there have not been payments to the parent organization from the local rings. The structure between the parent organization is an elected office called territorial vice presidents. Per the parent organization's by-laws "the territorial vice presidents shall provide a link between the members of the international brotherhood of magicians and the borad of trustees to promote cooperation and communication. They shall give assistance, advice and ceremonial support to the rings in their state, province or country. The territorial vice presidents are directly answerable to the territorial vice president nominations / ring counselor committee for carrying out the duties contained in their job description. They shall submit to this committee an annual report on their activities..."”
“The 990 is reviewed by the treasurer for approval prior to filing.”
“Any known conflicts of interests will be reviewed by the audit committee.”
“All salaries and hourly rates are reviewed by the board annually and adjustments are approved by the board.”
“All salaries and hourly rates are reviewed by the board annually and adjustments are approved.”
“Available upon request at the internationial headquarters office in st. Charles, mo”
“Volunteers are used to: 1. Operate the annual convention 2. Various board committees such as membership and public relations committees 3. The world is divided into territories, each territory has a territorial vice president that represents the organization to the membership.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | PROMOTE MAGICAL ARTS AND PROVIDE EDUCATION THROUTH THE MONTHLY MAGAZINE, ANNUAL CONVENTION AND WEB SITE TO APPROXIMATELY 7,800 MEMBERS. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 29 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 30 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 31 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT EL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | EXECUTIVE CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | PAST PRESIID |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 28 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 29 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 30 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 31 | PAST PRESIDE |
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| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1943 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 57945 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 32 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 57945 |
| IRS990/GrossReceiptsAmt | 0 | 696135 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 32 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 5112 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 5112 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5969 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5969 |
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| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 17101 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 17753 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 17753 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 799066 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2790 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 32253 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 400532 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROMOTE MAGICAL ARTS IN THE WORLD |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 551493 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 57945 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 57945 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -209545 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 23276 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 23276 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 38688 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1805 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 40493 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1613 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1613 |
| IRS990/OtherExpensesGrp/Desc | 0 | PRINTING |
| IRS990/OtherExpensesGrp/Desc | 1 | LAYOUT, ARTWORK, TYPESETT |
| IRS990/OtherExpensesGrp/Desc | 2 | PAPER COSTS |
| IRS990/OtherExpensesGrp/Desc | 3 | POSTAGE - DOMESTIC |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 57848 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 55813 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 32479 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 29146 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 57848 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 55813 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 32479 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 29146 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 511120 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MONTHLY MAGAZINE |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | CREDIT CARD REWARD DOLLAR REV |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 188 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 21105 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 188 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 21105 |
| IRS990/OtherRevenueTotalAmt | 0 | 21293 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 64619 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 82248 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 146867 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5250 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 6997 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 12247 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 21723 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 14026 |
| IRS990/PrincipalOfficerNm | 0 | BILLY HSUEH |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | REGISTRATIONS - ACTIVE & SPOU |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | BANQUET TICKET SALES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | VIP PREMIUM REGISTRATIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | CONVENTION BUREAU THEATER REI |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | PROGRAM AD SALES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 126427 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 23600 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 19526 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 15000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 7161 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 126427 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 23600 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 19526 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 15000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 7161 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 487533 |
| IRS990/PYInvestmentIncomeAmt | 0 | 52934 |
| IRS990/PYOtherExpensesAmt | 0 | 311581 |
| IRS990/PYOtherRevenueAmt | 0 | 30281 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 20825 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 131147 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 148845 |
| IRS990/PYTotalExpensesAmt | 0 | 460426 |
| IRS990/PYTotalRevenueAmt | 0 | 591573 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -8246 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
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